The KLCI continued to close higher at 1535.30 up 5.39 points 0.39% but the overall market remained weak. Be cautious.
Stocks 1 - 5 are overbought, trend intact.
Stock Close S'port. Resist. RMI Inertia
1. YTL 1.70 1.70 1.75 96.4 58.2*
2. FOCUS 0.105 0.105 0.115 95.3 61.6*
3. E&O 1.42 1.35 1.42 94.5 59.0*
4. CONNECT 0.09 0.07 0.09 87.0 52.9
5. DIALOG 2.56 2.53 2.58 80.7 53.2*
6. MAA 1.19 1.19 1.25 70.3 57.1*
7. AXIATA 4.79 4.74 4.79 21.3 50.8*
FAVOURITES *
"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"
TAN